Consumables
Thursday 27. January 2011

Verso Paper Corp. Announces Preliminary Results of Tender Offer for Certain Outstanding Debt

Verso Paper Corp. (NYSE: VRS) announced today that, pursuant to the previously announced tender offer of its subsidiary Verso Paper Holdings LLC (“Verso Holdings”), Verso Holdings received tenders from the holders of $310,415,000 aggregate principal amount of the 9?% second priority senior secured fixed rate notes due 2014 issued by it and Verso Paper Inc. (the “Notes”) prior to the early tender payment deadline on January 25, 2011, at 5:00 p.m., New York City time (the “Early Tender Date”). The tenders for the Notes received by Verso Holdings prior to the Early Tender Date represent approximately 92.1% of the outstanding Notes.

Wednesday 26. January 2011

Stora Enso will record an additional non-recurring item in its fourth quarter 2010 operating profit with EUR 21 million negative impact

Stora Enso will record on its operating profit, in addition to the EUR 223 million positive non-recurring items (NRI) announced on 20 December 2010, a EUR 21 million negative NRI in its fourth quarter 2010 results related to performance-based rewards that were not paid due to illegal strikes in Finland in 2005-2009. This new NRI is a provision with cash impact. The NRIs in the fourth quarter of 2010 total a positive EUR 202 million.

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